VoipDepot: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
VoipDepot
Largest movements
- Current investments +€400,000
new in 2025: €400,000
- Cash -€327,400
down €327,400 (-84.8%), from €386,210 to €58,810
mainly Current investments (-€400,000) and Contributions, distributions and other (-€75,000)
- Stocks and contracts -€37,726
down €37,726 (-61.4%), from €61,428 to €23,701
- Receivables within one year +€22,283
up €22,283 (+18.8%), from €118,436 to €140,720
of which Trade receivables: +€35,822
- Other debts +€35,965
up €35,965 (+81.6%), from €44,065 to €80,030
- Reserves +€12,913
up €12,913 (+2.8%), from €458,174 to €471,087
- Tax, wage and social debts +€11,415
up €11,415 (+21.0%), from €54,461 to €65,876
- Gross operating margin +€15,813
up €15,813 (+15.3%), from €103,612 to €119,425
- Taxes +€5,136
up €5,136 (+16.6%), from €30,976 to €36,112
- Financial income -€3,681
down €3,681 (-19.4%), from €19,004 to €15,323
- Depreciation -€2,021
down €2,021 (-23.4%), from €8,654 to €6,633
- Write-downs -€1,382
down €1,382 (-43.5%), from €3,179 to €1,797
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €583,322 | €634,990 | +€51,668 | +8.9% |
| Fixed assets | 21/28 | €15,119 | €10,088 | -€5,030 | -33.3% |
| Tangible fixed assets | 22/27 | €15,119 | €10,088 | -€5,030 | -33.3% |
| Furniture and vehicles | 24 | €12,362 | €8,363 | -€3,999 | -32.3% |
| Other tangible fixed assets | 26 | €2,757 | €1,725 | -€1,031 | -37.4% |
| Current assets | 29/58 | €568,203 | €624,902 | +€56,699 | +10.0% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €61,428 | €23,701 | -€37,726 | -61.4% |
| Stocks | 30/36 | €61,428 | €23,701 | -€37,726 | -61.4% |
| Amounts receivable within one year | 40/41 | €118,436 | €140,720 | +€22,283 | +18.8% |
| Trade receivables | 40 | €104,117 | €139,939 | +€35,822 | +34.4% |
| Other amounts receivable | 41 | €14,319 | €780 | -€13,539 | -94.5% |
| Current investments | 50/53 | - | €400,000 | +€400,000 | |
| Cash at bank and in hand | 54/58 | €386,210 | €58,810 | -€327,400 | -84.8% |
| Deferred charges and accrued income | 490/1 | €2,129 | €1,670 | -€458 | -21.5% |
| Total equity and liabilities | 10/49 | €583,322 | €634,990 | +€51,668 | +8.9% |
| Equity | 10/15 | €471,816 | €484,729 | +€12,913 | +2.7% |
| Contributions | 10/11 | €13,642 | €13,642 | = | 0.0% |
| Reserves | 13 | €458,174 | €471,087 | +€12,913 | +2.8% |
| Distributable reserves | 133 | €458,174 | €471,087 | +€12,913 | +2.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €111,506 | €150,261 | +€38,756 | +34.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €110,118 | €148,674 | +€38,556 | +35.0% |
| Current portion of amounts payable after more than one year | 42 | €4,495 | €0 | -€4,495 | -100% |
| Trade debts | 44 | €6,446 | €2,651 | -€3,795 | -58.9% |
| Suppliers | 440/4 | €6,446 | €2,651 | -€3,795 | -58.9% |
| Advances received on contracts in progress | 46 | €651 | €117 | -€534 | -82.1% |
| Taxes, remuneration and social security | 45 | €54,461 | €65,876 | +€11,415 | +21.0% |
| Taxes | 450/3 | €54,461 | €65,876 | +€11,415 | +21.0% |
| Other amounts payable | 47/48 | €44,065 | €80,030 | +€35,965 | +81.6% |
| Accrued charges and deferred income | 492/3 | €1,388 | €1,588 | +€200 | +14.4% |
| Remuneration, social security and pensions | 62 | - | €250 | +€250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,654 | €6,633 | -€2,021 | -23.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,179 | €1,797 | -€1,382 | -43.5% |
| Other operating charges | 640/8 | €1,466 | €1,710 | +€244 | +16.7% |
| Gross operating margin | 9900 | €103,612 | €119,425 | +€15,813 | +15.3% |
| Operating profit (loss) | 9901 | €90,313 | €109,035 | +€18,722 | +20.7% |
| Financial income | 75/76B | €19,004 | €15,323 | -€3,681 | -19.4% |
| Recurring financial income | 75 | €19,004 | €15,323 | -€3,681 | -19.4% |
| Financial charges | 65/66B | €846 | €334 | -€513 | -60.6% |
| Recurring financial charges | 65 | €846 | €334 | -€513 | -60.6% |
| Profit (loss) for the period before taxes | 9903 | €108,470 | €124,025 | +€15,554 | +14.3% |
| Income taxes | 67/77 | €30,976 | €36,112 | +€5,136 | +16.6% |
| Profit (loss) for the period | 9904 | €77,494 | €87,913 | +€10,419 | +13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €77,494 | €87,913 | +€10,419 | +13.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.